Dogecoin is holding key support after bouncing from the 0.618 Fib fan and staying above the $0.096 daily level. Analysts now watch whether the TD Sequential buy signal can push DOGE toward $0.110. Dogecoin Price Holds 0.618 Fib Fan as Analyst Watches DOGE Wave Setup Dogecoin has bounced from the 0.618 Fib fan on the monthly chart, according to a setup shared by Surf on X. The analyst said DOGE has now posted a second monthly close above that level, which keeps the long term support structure in focus. Dogecoin Monthly Chart. Source: Surf on X The chart shows DOGE moving inside a long term Fibonacci fan structure drawn from the 2021 peak. Several fan lines have acted as resistance and support during the wider decline and recovery phases. DOGE recently tested the 0.618 Fib fan and bounced from that area. The second monthly close above the line suggests buyers are still defending this part of the structure. This matters because the same line now works as a higher timeframe support level. As long as DOGE stays above it, the chart keeps a possible recovery setup alive. The next upside area sits around the nearby resistance zone above $0.10. A stronger move would need to clear the next fan line before DOGE can show better monthly momentum. However, a clean break back below the 0.618 Fib fan would weaken the setup. In that case, DOGE could fall back toward lower support levels around the lower part of the monthly range. For now, the chart shows Dogecoin holding a key long term support line. The next signal depends on whether buyers can build on the second monthly close above the 0.618 Fib fan. Dogecoin Price Flashes Buy Signal as DOGE Holds $0.096 Support Dogecoin has flashed a TD Sequential buy signal on the daily chart, according to a setup shared by Ali Charts on X. The analyst said DOGE is holding firm above $0.096 support, while $0.110 could become the next upside level if buyers follow through. Dogecoin Daily Chart. Source: Ali Charts on X The chart shows DOGE moving lower through the second half of May before stabilizing near the $0.0964 support area. Price then started moving sideways near the $0.0999 zone. Ali Charts marked a TD Sequential buy signal with the number 9 above the latest candle. This signal often appears after a series of downside candles and can point to a possible short term reversal setup. The first important level above price sits near $0.1011. DOGE needs to reclaim that area before a move toward higher resistance levels becomes stronger. Above that, the chart marks resistance near $0.1048, $0.1074, and $0.1100. Ali Charts pointed to $0.110 as the next potential target if the support zone continues to hold. However, the setup depends on DOGE staying above $0.0964. A clean break below that support would weaken the buy signal and show that sellers still control the short term trend. For now, Dogecoin is trying to build a rebound after holding its lower daily support. The next signal depends on whether buyers can push DOGE above $0.1011 and continue toward $0.110.
